Index
Contemporary Issues in Finance: Current Challenges from Across Europe
ISBN: 978-1-78635-907-0, eISBN: 978-1-78635-906-3
ISSN: 1569-3759
Publication date: 22 November 2016
This content is currently only available as a PDF
Citation
(2016), "Index", Contemporary Issues in Finance: Current Challenges from Across Europe (Contemporary Studies in Economic and Financial Analysis, Vol. 98), Emerald Group Publishing Limited, Leeds, pp. 191-197. https://doi.org/10.1108/S1569-375920160000098015
Publisher
:Emerald Group Publishing Limited
Copyright © 2017 Emerald Group Publishing Limited
INDEX
Accumulation
, 5, 7
Acquis communautaire
, 141
Acquisition(s)
cross-border, pre-acquisition due diligence in
, 111–130
price, components of
, 113
Adding value to a firm
, 100
Alternative investment
, 38, 40, 42, 45, 47
Apple Pay
, 27
Assurance
, 162
Atom Bank
, 27
Audit firm
, 172–173
AuditNet
, 53
Audit opinion
, 173
Auditor/client relationship
, 180
Auditor competence
, 179
Audit report lags (ARL), in Maltese companies
, 161–181
components of
, 164
methodology of
, 167–168
research findings and implications of
, 168–180
ANCOVA regression model
, 175–176
audit firm
, 172–173
audit opinion
, 173
auditor/client relationship
, 180
client and auditor competence and organization
, 179
company size
, 172
determinants
, 171
extent of ARL
, 169–171, 172
extraordinary items
, 174
profitability
, 173
timeliness of financial reporting
, 176–179
type of industry
, 174–175
timeliness and regulations
, 163–164
variables relating to
audit firm size
, 165
audit opinion
, 165
company size
, 164–165
extraordinary item, presence of
, 166
profitability
, 166
type of industry
, 166–167
Avant
, 26
Banking innovations
, 21–34
Bankruptcy, avoiding
, 77–94
companies, characteristics of
, 84–85
empirical evidence
, 85–93
methodology of
, 80–83
Bill Trust
, 31
Bitcoin
, 27
Bluefin Payments
, 31
Borrowers
SMEs as, profiles of
, 63–74
EU funds
, 72
insolvency process and court efficiency
, 70
loans
, 66–69
proposals of
, 73–74
public and state support
, 70–72
recommendations for
, 73–74
reinvested profit in SMEs, use of
, 72–73
shadow economy
, 69–70
Business Association of Latvia
, 64
Business Insider UK
, 25
Chief Internal Controls Officer (CICO)
, 59, 60
Citigroup
, 31
Client competence
, 179
Commercial Bank System of Latvia (CBSL)
, 64
Committee of Sponsoring Organizations of the Treadway Commission
“the COSO report, Internal Control – Integrated Framework in 1992”
, 50–51
Communication
inadequate, and derivative misuse
, 57–58
Complacency, and derivative misuse
, 58
Concentric diversification
, 100
Concordato Preventivo. See Preventive Arrangement with Creditors (PACs)
Conglomerate diversification
, 100
Consumer
behavior, and financial literacy
, 5
intelligence
, 8
self-control
, 8
Convenient to blame derivatives, and derivative misuse
, 56
Crowdfunding
, 37–47
characteristics of
, 41
fitness to support EU entrepreneurship
, 45–47
proposals of
, 47
recommendations for
, 47
types of
, 41
Debt-securities crowdfunding
, 41
Derivative misuse, internal control of
, 49–61
complacency
, 58
convenient to blame derivatives
, 56
design considerations
, 58–61
inadequate communication
, 57–58
insufficient regulatory environment
, 56–57
methodology of
, 52–55
political pressure
, 58
poorly designed and mis-categorized instruments
, 55
poorly designed internal controls
, 57
unsophisticated players
, 56
Development Finance Institution ALTUM (DFI ALTUM)
, 71–72
Directive on Payment Services (PSD)
, 32
Diversification
, 99
concentric
, 100
conglomerate
, 100
Domestic economic activity in Baltic States, financial literacy impact on
, 1–18
theoretical aspects of
, 6–7
review of
, 8–10
factor analysis of
, 10–16
Donation-based crowdfunding
, 41
Due diligence, pre-acquisition, in cross-border acquisitions
, 111–130
critical factors of
, 115–122
business capabilities and HR knowledge
, 116, 117–118
financial factors and acquisition premium
, 118, 119
macro-factors and business environment
, 118, 119
positive relationship
, 119–120
strategic partner, choice of
, 116, 117
quantitative research
, 122–128
suggestions for
, 128–130
Enterprise value
, 79, 81, 87–89
Enterprise zones. See Special Economic Zones (SEZs)
Entrepreneurship, in European Union
, 42–45
crowdfunding fitness to support
, 45–47
Envestnet® | Yodlee®
, 24, 27
Equity crowdfunding
, 41
EU funds
, 72
Europe
mergers and acquisitions
, 103–105
European Central Bank
, 43, 44
European Commission
, 38, 40–41, 97–98
European Union (EU)
crowdfunding in
, 37–47
entrepreneurship in
, 42–45
crowdfunding fitness to support
, 45–47
Export zones. See Special Economic Zones (SEZs)
EY FinTech Adoption Index
, 24, 26
Facebook Payments Inc.
, 27
Financial and Capital Market Commission (FCMC)
, 65
Financial crisis of 2007–2008
, 6, 8, 22
Financial literacy
as conceptual development
, 4–6
defined
, 4–5
effect on domestic economic activity in Baltic States
, 1–18
theoretical aspects of
, 6–7
review of
, 8–10
factor analysis of
, 10–16
Financial reorganization
, 98
Financial Services Technology Consortium. See FinTech
FinTech
, 21–34
as competitor and partner
, 28–31
recent trends in
, 24–27
risks related to development of
, 31–32
Firm culture
, 59
Firm value
, 101–103
“Food Union” strategy
, 107, 108
Foreign direct investment (FDI)
inflow in Special Economic Zones
, 144–157
SEZ managing companies, activities of
, 150–152
voivodeships, investment attractiveness of
, 153–155
Funding Circle
, 27, 31
Fuzzy Delphi method
, 3, 4, 10–11, 15, 16
Gender, and financial literacy
, 5
German Association of Automotive Industry (GAAI)
, 121
Global Derivatives
, 53
Goldman Sachs
, 31
Google Trends
, 27
Google Wallet
, 27
Great Depression
, 4
Gross domestic product (GDP)
, 6–7, 8, 9
Group of Thirty
“Derivatives: Practices and Principles”
, 50
Horizontal growth
, 100
Household income
, 8–9, 15
Hybrid models
, 41
Incentives
, 137
Income
, 8–9
disposable
, 12, 17
inequality
, 9
Independent Expert (IE)
, 79–80
Industrial zones. See Special Economic Zones (SEZs)
Information asymmetry
, 114–115
Insolvency
, 70, 79, 80, 86, 93
Institutional investors
, 45
Instruments
poorly designed/mis-categorized, and derivative misuse
, 55
Internal control, of derivative misuse
, 49–61
complacency
, 58
convenient to blame derivatives
, 56
design considerations
, 58–61
inadequate communication
, 57–58
insufficient regulatory environment
, 56–57
methodology of
, 52–55
political pressure
, 58
poorly designed and mis-categorized instruments
, 55
poorly designed internal controls
, 57
unsophisticated players
, 56
Internal Control Issues in Derivatives Usage
, 51
Internal Controls Committee (ICC)
, 59, 60
International Network on Financial Education (INFE)
, 3, 4, 10, 12–15, 17
Investment, alternative
, 38, 40, 42, 45, 47
Investment and Development Agency of Latvia
, 71
Italian Insolvency Law (IL)
, 78
Italy
bankruptcy, avoiding
, 77–94
Klarna
, 27
“Know your customer” approach
, 31, 32
Kreditech
, 27
Latvia
Business Association of Latvia
, 64
Commercial Bank System of Latvia
, 64
Commercial Law
, 68
dairy industry, mergers and acquisitions in
, 105–107
Financial and Capital Market Commission
, 65
Investment and Development Agency of Latvia
, 71
SMEs as borrowers, profiles of
, 63–74
EU funds
, 72
insolvency process and court efficiency
, 70
loans
, 66–69
proposals of
, 73–74
public and state support
, 70–72
recommendations for
, 73–74
reinvested profit in SMEs, use of
, 72–73
shadow economy
, 69–70
Lending Club
, 27
Level of education, and financial literacy
, 5
LinkedIn
, 53
Liquidity
, 40
Loans
, 66–69
LURSOFT
, 65, 66
Maltese companies, audit report lags in
, 161–181
components of
, 164
methodology of
, 167–168
research findings and implications of
, 168–180
ANCOVA regression model
, 175–176
audit firm
, 172–173
audit opinion
, 173
auditor/client relationship
, 180
client and auditor competence and organization
, 179
company size
, 172
determinants
, 171
extent of ARL
, 169–171, 172
extraordinary items
, 174
profitability
, 173
timeliness of financial reporting
, 176–179
type of industry
, 174–175
timeliness and regulations
, 163–164
variables relating to
audit firm size
, 165
audit opinion
, 165
company size
, 164–165
extraordinary item, presence of
, 166
profitability
, 166
type of industry
, 166–167
Mergers and acquisitions
, 95–108
in Europe
, 103–105
financial specialization
, 99
goals of
, 101–103
in Latvian dairy industry
, 105–107
motivation for, theoretical aspects of
, 97–101
strategic acquisitions
, 99
M-Pesa
, 27
Neoliberal economics
, 6
Operational reorganization
, 98
Organisation for Economic Co-operation and Development (OECD)
, 3, 4–5, 10, 12–15, 17
Organizational learning theory
, 115
Oscar
, 26
OurCrowd
, 27
Paypal
, 27
Peer-to-peer financing
, 38
Peer-to-peer lending
, 41
Poland
FDI inflow in Special Economic Zones
, 135–157
Political pressure, and derivative misuse
, 58
Poorly designed internal controls, and derivative misuse
, 57
Pre-acquisition due diligence, in cross-border acquisitions
, 111–130
critical factors of
, 115–122
business capabilities and HR knowledge
, 116, 117–118
financial factors and acquisition premium
, 118, 119
macro-factors and business environment
, 118, 119
positive relationship
, 119–120
strategic partner, choice of
, 116, 117
quantitative research
, 122–128
suggestions for
, 128–130
Preventive Arrangement with Creditors (PACs)
, 78
Private consumption
, 7
Profitability
, 173
Profit-sharing
, 41
Public support to SMEs
, 70–72
Qufenqi
, 26
R3
, 27
Regulatory environment
insufficient, and derivative misuse
, 56–57
Reinvested profit in SMEs, use of
, 72–73
Reorganization
defined
, 97–98
types of
, 98
Restructuring
, 78–82, 85, 87, 89, 90, 92, 93
Retail investors
, 45
Revenue-sharing
, 41
Revolution Money
, 31
Rewards-based crowdfunding
, 41, 46
Risk assessment, for pre-acquisition due diligence
, 115–122
Samsung Pay
, 27
Santander Bank
, 31
SEZ Act of
, 2003, 141
Shadow economy
, 69–70
Silicon Valley Bank
“2015 FinTech Report: Investment Trends in FinTech”
, 23
Small and medium enterprises (SMEs)
, 38–47
as borrowers, profiles of
, 63–74
role and profile of
, 42–45
Small Business Act of
, 2008, 43
Special Economic Zones (SEZs)
, 135–157
characteristics of
, 141–143
FDI inflow in
, 144–157
SEZ managing companies, activities of
, 150–152
voivodeships, investment attractiveness of
, 153–155
state aid rules
, 139–141
Square
, 31
State aid rules, in Special Economic Zones
, 139–141
State support to SMEs
, 70–72
Statista
, 24
Survey of Innovative Businesses in Latvia (SIBiL)
, 65, 66
Timeliness of financial reporting
, 176–179
Transferwise
, 27
Turnaround
, 78, 87, 88
Unsophisticated players, and derivative misuse
, 56
Value-based approach to corporate governance
, 100
Value drivers
, 100
Value management
, 100
Vertical growth
, 100
Wealthfront
, 26
William Garrity Associates Ltd
, 26
Wilmott
, 53
World Bank
, 9
ZhongAn
, 26
- Prelims
- Impact of Financial Literacy on Domestic Economic Activity in the Baltic States
- Banking and Fintech: A Challenge or Opportunity?
- Analysis of Crowdfunding in European Union: Performance and Perspectives
- Misuse of Derivatives: Considerations for Internal Control
- Profiles of SMEs as Borrowers: Case of Latvia
- Avoiding Bankruptcy in Italy: Preventive Arrangement with Creditors
- Mergers and Acquisitions: Examples of Best Practice in Europe and Latvia
- Critical Factors of Pre-Acquisition Due Diligence in Cross-Border Acquisitions
- The FDI Inflow to Special Economic Zones in Poland
- An Analysis of Audit Report Lags in Maltese Companies
- About the Editors
- About the Authors
- Index